"It's time to look past the headline paranoia and seriously examine the risk factors surrounding cloud security," writes Infor COO Pam Murphy in a diginomica guest article, ‘A COO’s Perspective on Cloud Security,’ posted June 23.
Here are excerpts:
"Almost daily I read about the latest notification of a new data breach. These data breaches span all types of companies ranging from the smallest of offices to the world's largest organizations … These breaches cost many companies multi-millions of dollars in fines and/or lawsuits while potentially damaging their reputations beyond repair.
"As the COO of a company handling not only our own sensitive information but also hosting our customers' data, I often get asked whether the cloud is an appropriate place for that data when it seems the information in the cloud is easily within reach of anyone with malicious intent.
"After deep reviews and extensive investment in cloud security standards and protocols, I believe that putting data in the cloud actually provides better security, enabling my company to effectively reduce risk while lowering our costs."
To understand and to defend that statement, she examines a few of the top concerns and threats to data in the cloud, including general acceptance, data availability, and business continuity/disaster recovery.
"More and more CIOs that I talk to are accepting that the cloud can be appropriately secured, as it can provide better segmentation of data when compared to their corporate network. In fact, the CIA-arguably the most security-obsessed organization in the world-trusts its apps and data to the cloud. The CIA has implemented "on-demand computing and analytic services to the intelligence community," which just happens to be hosted on an Amazon Web Services private cloud. I believe there is no better barometer of the acceptance of cloud security."